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Introducing Microsoft's new CEO...

Microsoft has today appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately, with founder Bill Gates stepping up to new role as Technology Advisor and John Thompson assuming the position of Chairman of Board of Directors.

Nadella previously held the position of Executive Vice President of Microsoft’s Cloud and Enterprise group.

“During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” says Gates, Microsoft’s Founder and Member of the Board of Directors.

“Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together.

"His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth.”

Since joining the company in 1992, Nadella has spearheaded major strategy and technical shifts across the company’s portfolio of products and services, most notably the company’s move to the cloud and the development of one of the largest cloud infrastructures in the world supporting Bing, Xbox, Office and other services.

During his tenure overseeing Microsoft’s Server and Tools Business, the division outperformed the market and took share from competitors.

“Microsoft is one of those rare companies to have truly revolutionized the world through technology, and I couldn’t be more honored to have been chosen to lead the company,” Nadella says.

“The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly.”

Having worked with him for more than 20 years, departing CEO Steve Ballmer, who announced on August 23, 2013 that he would retire once a successor was named, knows that Nadella is the right leader at the right time for Microsoft.

“I’ve had the distinct privilege of working with the most talented employees and senior leadership team in the industry, and I know their passion and hunger for greatness will only grow stronger under Satya’s leadership," he says.

Microsoft also announced that Gates, previously Chairman of the Board of Directors, will assume a new role on the Board as Founder and Technology Advisor, and will devote more time to the company, supporting Nadella in shaping technology and product direction.

As a result, Thompson, lead independent director for the Board of Directors, will assume the role of Chairman of the Board of Directors and remain an independent director on the Board.

“Satya is clearly the best person to lead Microsoft, and he has the unanimous support of our Board,” Thompson says.

“The Board took the thoughtful approach that our shareholders, customers, partners and employees expected and deserved.”